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News For: Seattle AnnityWaMu���s credit rating cut again; retail bank strong, expert says Washington Mutual suffered another blow Wednesday when Standard & Poor���s Ratings Services downgraded the embattled Seattle-based bank���s creditworthiness yet again, saying the sale of the bank as a whole unit might not be likely or possible. Boy hit by alleged drunken driver dies FAIRBANKS, Alaska - A Fairbanks boy who was hit by an alleged drunken driver while riding his Big Wheel has died suddenly at a Seattle hospital. Four-year-old Phillip Lara was hit in August and had been recovering when he went into cardiac arrest Monday at Seattle Children's Hospital. Boy hit by alleged drunken driver dies Associated Press - September 24, 2008 4:54 PM ET FAIRBANKS, Alaska - A Fairbanks boy who was hit by an alleged drunken driver while riding his Big Wheel has died suddenly at a Seattle... Bailout could help Washington Mutual sale Though few details have been disclosed, the new plan for the government to buy up to $700 billion in toxic mortgage-related assets could have a positive effect for the Seattle-based bank by halting the price fall of those assets ��� which are at the heart of WaMu's problems. Nervous in New York: Jets moves not yet paying off After watching the New England Patriots become the first team to win 16 regular-season games by making bold moves during the 2007 free agency period, adding guys like Randy Moss, Wes Welker, Adalius Thomas and Donte' Stallworth, the New York Jets abandoned their "build through the draft" mantra and broke the bank in 2008. Seattle collaborates with 22 banks and credit unions to offer services to people who have no bank accounts The city is collaborating with 22 banks and credit unions to offer services to people who are "unbanked" ��� those who have no bank accounts and turn to high-cost payday lenders for their financial transactions. S&P downgrades WaMu rating further The cut into deeper junk territory increases the chance that the bank, if sold, will be disposed of in a piecemeal fashion. On 'Grey's,' what comes after 'happily ever after'? LOS ANGELES, California -- First came the achingly romantic hilltop reunion between Dr. McDreamy and Meredith that ended last season's "Grey's Anatomy." Is heartbreak next? Tacoma Bank Eyes Wamu Advisors; Clients Leaving A wealth executive at a Tacoma, Wash., banking company said he has begun recruiting financial advisors from the troubled Washington Mutual Inc., and a Boston financial services company says one of its Seattle-area unit has picked up clients from Wamu. U.S. stocks end mostly lower on concern about bailout U.S. stocks close mostly lower as indecision over the Bush administration's bank bailout plan weighs on investors, offset somewhat by optimism over Warren Buffett's deal to buy a stake in Goldman Sachs Group. |